Udare Limited
Registered name: UDARE LIMITED
Udare Limited made £12.5m revenue and £217k profit in the year to 31 Mar 2025. read from filing text
Udare Limited’s revenue fell 20% to £12.5m in the year to 31 Mar 2025, with £217k profit and 10 employees. The company is classified under “wholesale of clothing and footwear” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 39 yrs · since 1987
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company is controlled by”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £19m | £10.9m | £15.6m | £12.5m |
| Cost of sales | £16.9m | £9.1m | £13.9m | £11m |
| Gross profit | £2.1m | £1.8m | £1.7m | £1.5m |
| Operating profit | £1.1m | £1.2m | £426k | £388k |
| Profit before tax | £979k | £1.1m | £308k | £294k |
| Profit after tax | £773k | £871k | £229k | £217k |
| Profit (best available) | £773k | £871k | £229k | £217k |
| Staff costs | £413k | £258k | £490k | £503k |
| Employees (average) | 11 | 10 | 0 | 10 |
| Ratios | ||||
| Profit margin | 4.1% | 8% | 1.5% | 1.7% |
| Gross margin | 10.8% | 16.1% | 10.9% | 12.2% |
| Revenue per employee | £1.7m | £1.1m | — | £1.2m |
| Profit per employee | £70.3k | £87.1k | — | £21.7k |
| Cash conversion | −194.9% | 142.8% | −171.1% | −256.9% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼19.9% |
| Profit growth | — | — | — | ▼5.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.8m | £271k | £845k | £618k |
| Net assets | £2.3m | £2.4m | £2.6m | £2.8m |
| Fixed assets | £3.2m | £3.2m | £3.2m | £3.2m |
| Current assets | £4.2m | £4.8m | £4.9m | £2.7m |
| Debtors | £2.4m | £4.5m | £4m | £2m |
| Deferred income | £9k | £5k | £12k | £12k |
| Cash from operations | −£2.2m | £1.7m | −£729k | −£996k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 1.7%
- Profit ÷ revenue.
- Gross margin
- 12.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.2m
- Revenue ÷ average employees.
- Profit per employee
- £21.7k
- Profit ÷ average employees.
- Cash conversion
- −256.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 25.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.3%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲8%
- Now £2.8m
- Cash at bank
- ▼27%
- Now £618k
- Headcount
- —
- Now 10
- Deferred income
- 0%
- Now £12k
- Fixed assets
- ▼0%
- Now £3.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Luke Roper LimitedBicester · Wholesale of clothing and footwear
- Revenue
- £12.3m
- Profit
- £527k
- Staff
- 37
- Hoggs of Fife LimitedFife · Wholesale of clothing and footwear
- Revenue
- £12.2m
- Profit
- £1.3m
- Staff
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- Fonz Leather Styles LimitedBirmingham · Wholesale of clothing and footwear
- Revenue
- £12.8m
- Profit
- £532k
- Staff
- 58
- Marc Darcy International LimitedSalford · Wholesale of clothing and footwear
- Revenue
- £11.8m
- Profit
- £3.7m
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- UK Distributors (Footwear) LimitedSaddington Road Fleckney · Wholesale of clothing and footwear
- Revenue
- £11.8m
- Profit
- £383k
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- Continental Clothing Company LimitedBournemouth · Wholesale of clothing and footwear
- Revenue
- £11.8m
- Profit
- £1.5m
- Staff
- 13
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £217k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.